redundancy re‧dun‧dan‧cy [rɪˈdʌndənsi] noun redundancies PLURALFORM [countable, uncountable] especially BrE HUMAN RESOURCES
when someone loses their job in a company because the job is no longer needed:

• Over 2000 car workers now face redundancy.

• Several members of staff have taken voluntary redundancy (= they have agreed to be made redundant, usually in return for a cash payment ) .

• Because of low export sales, the company was forced to make 700 redundancies.

• a generous redundancy package (= all the payments and other benefits that someone receives from their company when they are made redundant )

word focus - redundancy
When people lose their job or are made redundant, they are forced to leave their job because their company can no longer afford to employ them:

• At least 2,000 computer programmers have been made redundant in the past year.

If someone is fired or dismissed formal , they have to leave their job, especially because they have done something wrong:

• She was fired for serious professional misconduct.

If someone is sacked or given the sack , they must leave their job, for example because they did not do the job well enough, they were no longer needed, or they did something wrong :

• He was sacked for drinking during office hours.

colˌlective reˈdundancy HUMAN RESOURCES
a situation in which a group of workers all lose their jobs, because there is no more work for them to do:

• Employees who lose their jobs in a collective redundancy situation are entitled to receive special compensation from their employer.

* * *

redundancy UK US /rɪˈdʌndənsi/ noun [C or U] (plural redundancies)
HR a situation in which someone loses their job because their employer does not need them: »

The takeover is expected to result in over 1,000 redundancies.

be threatened with/face redundancy »

200 workers at the plant face redundancy.

volunteer for/take redundancy »

Employees feel their only options are to move or take redundancy.

compulsory/voluntary redundancy »

The bank has asked its 700 support staff to consider voluntary redundancy.


heavy/large-scale/widespread redundancies


a redundancy programme/scheme


redundancy costs


a redundancy notice

Compare LAYOFF(Cf. ↑layoff)
See also COLLECTIVE REDUNDANCY(Cf. ↑collective redundancy), VOLUNTARY REDUNDANCY(Cf. ↑voluntary redundancy)

Financial and business terms. 2012.

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